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The latest update is out from Crayon Group Holding ASA ( (CRAYF) ).
Crayon Group Holding ASA has announced its decision to exercise the call option to redeem its Senior Unsecured Open Callable Bond Issue 2024/2028, originally maturing in April 2028, now set for repayment in July 2025. This move follows SoftwareOne Holding AG’s voluntary offer for all shares in Crayon, with the bond redemption contingent upon receiving the Redemption Amount from SoftwareOne by July 11, 2025, potentially impacting Crayon’s financial strategy and market positioning.
The most recent analyst rating on (CRAYF) stock is a Buy with a NOK160.00 price target. To see the full list of analyst forecasts on Crayon Group Holding ASA stock, see the CRAYF Stock Forecast page.
More about Crayon Group Holding ASA
Headquartered in Oslo, Norway, Crayon Group Holding ASA operates across 45 countries with a team of over 4,000 professionals. The company specializes in IT optimization and innovation, focusing on strategic software acquisition, continual IT estate optimization, and maximizing returns on investments in cloud, data, and AI.
Average Trading Volume: 164,811
Current Market Cap: NOK12.94B
For detailed information about CRAYF stock, go to TipRanks’ Stock Analysis page.